Ningbo Yongxin Optics Co.,Ltd.’s Net Profit Dropped 15.1% in First Half of 2023

Ningbo Yongxin Optics Co.,Ltd. (宁波永新光学股份有限公司) (603297.SH) reported a net profit of 115.9 million yuan in the first half of 2023, down 15.1% year-on-year.

Meanwhile, the company posted 390.8 million yuan in revenue, down 5.1% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 239.7 million yuan in total liabilities, with a liability-to-asset ratio of 12.5%.